The maximum tax credit on an eligible project is $500,000. MIDMTC tax credits are processed as part of a qualifying company’s annual income tax return (T2), and any refunds are processed through the notice of assessment issued by the Canada Revenue Agency.

To apply to the MIDMTC program, companies must submit an application before work on an eligible project begins. Detailed information on the MIDMTC and program materials that companies require to make a MIDMTC application/claim are available at: www.gov.mb.ca/jec/busdev/sibd/idm_taxcredit.html